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The AI boom has catapulted tech stocks to historic highs, with many trading at punchy valuations. They’re even more expensive than they appear, Michael Burry says. Loading audio narration… The investor of “The Big Short” fame explained why he thinks this in a detailed Substack post this week, which he…
Donald Trump’s greatest weakness is his fear of falling stock prices, Michael Burry says.”The stock market is Trump’s kryptonite,” the investor of “The Big Short” fame wrote in a brief note on his Substack over the weekend.The president’s goal in waging war with Iran has morphed from “revolution” to “just…
AI companies will get a reality check that slashes their valuations and curbs their spending, Bill Gurley says. Loading audio narration… “One day we’re going to have an AI reset, because waves create bubbles, because interlopers come in,” the legendary venture capitalist said during a Monday interview on CNBC.However, Gurley…
Passion could be the best defense against AI taking your job, Bill Gurley says.”The people that are most at risk are the ones that are sitting idly in the job and don’t really have a why or a purpose for it,” the legendary venture capitalist said during the latest episode…
Nvidia has put itself in a “risky position” to meet expected demand for its microchips, and could suffer a “catastrophic” blow to its finances if the AI boom wanes, Michael Burry says.The investor of “The Big Short” fame wrote in a Substack post titled “Nvidia Ratchets Up the Risk” on…
